<B>K-C Buying Out Taiwanese Company</B>

Kimberly-Clark Corp. purchased the 33.3 percent interest in Taiwan Scott Paper Corp. held by Goldsun Development & Construction Co. Ltd. The transaction is valued at about $40 million and is expected to close by the end of this year.

This is K-C’s second major investment in Taiwan in the last six months. In June, the company acquired the majority of shares in S-K Corp., K-C's former licensee in Taiwan.

Paul Geisler, Kimberly-Clark Asia-Pacific Group president, said: "The transaction will provide Kimberly-Clark with 100 percent ownership of Taiwan Scott as we move towards merging it with S-K Corporation in mid-2001.”

An application to merge S-K Corporation and Taiwan Scott Paper Corporation was approved in October by the Taiwan Fair Trade Commission. Sales of the combined companies in Taiwan are expected to exceed $250 million next year.